» Technical Analysis

Technical Analysis

« Previous Entries
Next Entries »

EUR/AUD - Euro Australian Dollar, European Session - 03/03/08

03 3rd, 2008

1,6284. EUR AUD broke 1,6100 resistance. EUR AUD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,6400. The consolidation should continue. If the resistance is broken then the target will be 1,6500.
Resistances
1,6350 - 1,6400
Supports
1,6250 - 1,6200

Source : EUR AUD

Published in EUR AUD | No Comments »

AUD/USD - Australian Dollar US Dollar, European Session - 03/03/08

03 3rd, 2008

0,9341. AUD USD broke 0,9380 support. AUD USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The price should find a support above 0,9300. The consolidation should continue. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
0,9380 - 0,9500
Supports
0,9300 - 0,9250

Source : AUD USD

Published in AUD USD | No Comments »

EUR/USD - Euro Dollar, European Session - 29/02/08

02 29th, 2008

1,5194. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5170. The uptrend should continue to gather momentum. The target is expected at 1,5400 (200 pips).
Resistances
1,5230 - 1,5275
Supports
1,5170 - 1,5100

Source : EUR USD

Published in EUR USD | No Comments »

GBP/USD - British Pound Dollar, European Session - 29/02/08

02 29th, 2008

1,9886. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,9785 and 1,9945. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,9785 / 1,9950 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9900 - 1,9945
Supports
1,9865 - 1,9785

Source : GBP USD

Published in GBP USD | No Comments »

USD/CAD - US Dollar Canadian Dollar, European Session - 29/02/08

02 29th, 2008

0,9796. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in 0,9715 / 0,9820 range. If the support is broken then the target will be 0,9450.
Resistances
0,9800 - 0,9820
Supports
0,9750 - 0,9715

Source : USD CAD

Published in USD CAD | No Comments »

USD/CHF - Dollar Swiss Franc, European Session - 29/02/08

02 29th, 2008

1,0510. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0500. The price should consolidate. If the support is broken then the target will be 1,0400.
Resistances
1,0550 - 1,0610
Supports
1,0485 - 1,0450

Source : USD CHF

Published in USD CHF | No Comments »

USD/JPY - Dollar Yen, European Session - 29/02/08

02 29th, 2008

USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 103,50 (130 pips).
Resistances
105,45 - 106,20
Supports
104,50 - 103,50

Source : USD JPY

Published in USD JPY | No Comments »

GBP/JPY - British Pound Yen, European Session - 29/02/08

02 29th, 2008

208,27. GBP JPY is in an downtrend directed by 15min exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 207,00 (130 pips) support.
Resistances
209,45 - 210,60
Supports
208,00 - 207,00

Source : GBP JPY

Published in GBP JPY | No Comments »

EUR/JPY - Euro Yen, European Session - 29/02/08

02 29th, 2008

159,13. EUR JPY broke 159,85 support. EUR JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The price should find a support above 158,70. If the support is broken then the target will be 158,00 (115 pips).
Resistances
159,25 - 159,85
Supports
158,70 - 158,20

Source : EUR JPY

Published in EUR JPY | No Comments »

EUR/GBP - Euro British Pound, European Session - 29/02/08

02 29th, 2008

0,7639. EUR GBP is in an uptrend supported by 1H exponential moving averages. EUR GBP is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR GBP. The price should find a support above 0,7630. The uptrend should continue to gather momentum. The target is expected at 0,7725.
Resistances
0,7645 - 0,7665
Supports
0,7630 - 0,7610

Source : EUR GBP

Published in EUR GBP | No Comments »

« Previous Entries
Next Entries »

FAQ Trading Tools

You have a question on trading tools? just ask in the forum!

Forex Forum

English
Français

Latest technical analysis